The technical problems of onnline voting

From: Geoff Kuenning
Date: April 23, 2016
Re In proof we trust

Over and over we see proposals for various forms of online voting. Everybody who does the proposing seems to think that the technical problem that needs to be solved is ensuring that the vote gets recorded correctly and securely.  And they think that the social problem is to make voting easier.

Secure and correct recording of votes is certainly a precondition. But there is another aspect of reliable elections that is studiously (and I suspect purposely) ignored by every proposer: the problem of vote selling and forced voting.

There is a reason why voting systems require ballots to be cast in a private booth, but in a public venue where monitors can be certain that nobody else can verify how you voted.  Any system that allows another person to determine how you voted, immediately or after the fact, is fundamentally fraudulent.  (And yes, that applies to absentee ballots and the current mania for mail-in voting.)

Geoff Kuenning

An undocumented program is as useless as a non-working one.



Posted in NetHappenings

College: Sell Side School Ties

We study the impact of social networks on agents’ ability to gather superior information about firms.

Once reliable source of alpha that’s gone post-Reg FD: analysts with ivy league school ties to executives.

Sell Side School Ties: Internet Appendix
The paper “Sell Side School Ties” may be found at

Lauren Cohen

Harvard Business School; National Bureau of Economic Research (NBER)

Andrea Frazzini

AQR Capital Management, LLC

Christopher J. Malloy

Harvard Business School; National Bureau of Economic Research (NBER)

April 4, 2016


We study the impact of social networks on agents’ ability to gather superior information about firms.

Exploiting novel data on the educational backgrounds of sell side equity analysts and senior officers of firms, we test the hypothesis that analysts’ school ties to senior officers impart comparative information advantages in the production of analyst research. We find evidence that analysts outperform on their stock recommendations when they have an educational link to the company. A simple portfolio strategy of going long the buy recommendations with school ties and going short buy recommendations without ties earns returns of 6.60% per year. We test whether Regulation FD, targeted at impeding selective disclosure, constrained the use of direct access to senior management. We find a large effect: pre-Reg FD the return premium from school ties was 9.36% per year, while post-Reg FD the return premium is nearly zero and insignificant. In contrast, in an environment that did not change selective disclosure regulation (the UK), the analyst school-tie premium has remained large and significant over the entire sample period.

Posted in NetHappenings

Declassify 28 pages on foreign government ties to 9/11

Declassify 28 pages on foreign government ties to 9/11

Congressman Thomas Massie described the 28 pages as “shocking” and said, “I had to stop every couple pages and…try to rearrange my understanding of history. It challenges you to rethink everything.”

FACT: 28 pages documenting specific indications of foreign government support of the 9/11 hijackers are being hidden from the American people.

Posted in NetHappenings

Kuwait to DNA test tourists and Citizens

Kuwait will DNA “tag” everybody with the new DNA legislation that will become law this year. Kuwait will have a database including DBA fingerprints of allcitizens, residents and visitors. This law is the first of its kind in the world and Kuwait is the first country worldwide to apply the system.

Citizens and Tourists entering the country will submit.

Tourists and visitors to Kuwait will get their DNA taken through specimens of saliva or a few drops of blood done at a special DNA testing facility at the airport. There will be “consequences of rejecting its procedures” for visitors who refuse the mandatory test.

Kuwait set to enforce DNA testing law on all – Officials reassure tests won’t be used to determine genealogy


Posted in NetHappenings

SS7 Hacking Your Phone the dirty little secret of international espionage.

The SS7 breach Signalling System Number Researchers discovered security flaws in SS7 that allow listening to private phone calls and intercepting text messages on a potentially massive scale – even when cellular networks are using the most advanced encryption now available. You could be bugged, tracked and hacked from anywhere in the world. It’s long been the dirty little secret of international espionage, and what you can do about it.

Posted in NetHappenings